ThermoEnergy Corporation Appoints Marc Dupre as Sales Director, Oil & Gas Industry

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ThermoEnergy Corporation Appoints Marc Dupre as Sales Director, Oil & Gas Industry

ThermoEnergy Building Sales Resources in Texas to Address Demand for Water Recovery Systems in Texas Unconventional Oil & Gas Market

WORCESTER, Mass.--(BUSINESS WIRE)-- ThermoEnergy Corporation (OTCBB: TMEN) has appointed Marc Dupre as Sales Director, Oil & Gas Industry. Dupre will lead the company's business development efforts for ThermoEnergy's TurboFrac® and FracGen® water recovery and recycling systems in the Texas market.


"Water management is the number one issue facing the unconventional oil and gas industry," said ThermoEnergy Chairman and CEO, James Wood. "Water resources are a significant challenge at Texas shale plays where the scarcity and cost of water is already hindering production. We are confident that Marc's considerable sales experience in the Texas oil and gas sector will spur our sales opportunities in this growing market."

ThermoEnergy recently announced a highly successful pilot test of ThermoEnergy's TurboFrac produced water recycling system at a major oil producer's site near Midland, Texas. STW Resources Holding Corp. (www.stwresources.com), a Texas based water services company, provided access and operated the site in conjunction with ThermoEnergy. The effort resulted in a joint development agreement between ThermoEnergy and STW to continue pilot testing at a number of sites in Texas and New Mexico with the goal of developing sales and service contracts. Dupre will play a key role in this business development effort.

Before joining ThermoEnergy, Dupre was International Account Manager at Rainbow Ceramics, a major supplier of proppants to the oil & gas industry. He has also held management and sales positions at Caldwell Banker Commercial Broker, ECR International, Raytheon Corporation, and Bristol Myers Squibb Company. Dupre received his B.B.A degree from Stephen F. Austin State University in Nacogdoches, Texas.

ThermoEnergy TurboFrac systems recover and recycle contaminated produced water and flow-back water created by shale oil and gas production. In addition to recovering usable water for reuse in hydrofracking or other applications, the TurboFrac system can concentrate brine, chemicals and other impurities for beneficial use or cost-efficient disposal.

ThermoEnergy FracGen systems remove brine and other impurities in brackish water from lakes, rivers, streams and local aquifers, producing water suitable to be used for hydraulic fracturing in shale oil and gas production. The company's first commercial system has been in successful operation at an oil field in Texas since October, 2012.

About ThermoEnergy Corporation

Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide development, sales and commercialization of patented and/or proprietary wastewater treatment and power generation technologies. The company has been a pioneer in the development of sustainable water treatment technologies that help clients operate more efficiently, save money, reduce their carbon footprints, and meet sustainability goals. Additional information on the Company and its technologies can be found on its website at www.thermoenergy.com

THIS PRESS RELEASE INCLUDES STATEMENTS THAT MAY CONSTITUTE "FORWARD LOOKING" STATEMENTS, USUALLY CONTAINING THE WORDS "ESTIMATE", "PROJECT", "EXPECT" OR SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM CURRENT EXPECTATIONS. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR CHANGES.



For ThermoEnergy
Media Contact
Marc Bane, +1-978-443-2378
mbane@banemarketing.com
or
Investor Relations Contact
Chris Camarra, +1-212-398-3487
ccamarra@allianceadvisors.net

KEYWORDS:   United States  North America  Massachusetts  New Mexico  Texas

INDUSTRY KEYWORDS:

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